November contract is up $1.24 or 3.1%

The WTI crude oil futures price is settling at $41.19. That is up $1.24 or 3.1%.

November contract is up $1.24 or 3.1%_

The high price reached $41.33. The low price extended to $39.76.

Looking at the daily chart, the prices back up testing its 200 day moving average at $41.21. In the new trading day a move above would be more bullish.

Late last week, the 38.2% retracement at $36.56 of the move up from the April low stalled the fall (the low reached $36.63). That low was also near the low from September.